niko13
Nuovo forumer
speriam che lo trovino....ma se reggon,una cedola cosi`mica la mollo troppo presto
Ma la tassazione come funziona? Doppia o è armonizzato?
Titoli di Stato paesi-emergenti Messico: Operativo Obbligazioni (2 lettori)
Ma la tassazione come funziona? Doppia o è armonizzato?
mostromarino
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Ma la tassazione come funziona? Doppia o è armonizzato?
posso dirti che alla fonte non c`è
slowdown
Forumer storico
Mexico intervenes on peso's behalf; Brazil climbs
By Carla Mozee, MarketWatch
Last update: 4:03 p.m. EST Feb. 4, 2009
LOS ANGELES (MarketWatch) - Brazilian equities climbed Wednesday after the government said it will boost infrastructure spending through next year, while attention turned to action in Mexico's currency after the country's central bank intervened to stem a sharp decline in the peso.
Mexico's central bank stepped in to sell U.S. dollars on the spot market as the peso dropped to a record low of 14.75 pesos against the greenback. The peso has been hurt in recent months with demand for Mexican products weakened as its largest trading partner, the U.S., suffers in recession.
The U.S. purchases more than 80% of Mexico's products.
The peso dropped to the low level in "a matter of ten minutes," said Win Thin, senior currency strategist at Brown Brothers Harriman.
"No central bank likes to see that kind of move in their currency," he said, noting that the pesos bounced back to the 14.40 level after intervention.
"They know that the market is very negative on emerging markets. There's nothing they can do about it. But they are trying to smooth the move and it adds a two-way pricing...and restores a little order."
Among equities, Mexico's IPC index fell 0.1% to 19,603.92. Banking stocks were mixed, with Banorte (MX:GFNORTEO: news , chart , profile ) down 0.6% while Inbursa gained 1%.
Brazil's Bovespa rose 1% to 40,129.04, aided by advances in steel stocks after the government raised its infrastructure projects spending plan, known as PAC, by 142.1 billion reals ($61.3 billion) to 646 billion reals.
The program runs through 2010. It was originally unveiled in 2007 and is aimed at fixing and building roads, bridges, electricity dams and other items.
President Luiz Inacio Lula da Silva on Tuesday said he expected the economy to retract in the first quarter amid "rough" conditions.
Carla Mozee is a reporter for MarketWatch, based in Los Angeles.
By Carla Mozee, MarketWatch
Last update: 4:03 p.m. EST Feb. 4, 2009
LOS ANGELES (MarketWatch) - Brazilian equities climbed Wednesday after the government said it will boost infrastructure spending through next year, while attention turned to action in Mexico's currency after the country's central bank intervened to stem a sharp decline in the peso.
Mexico's central bank stepped in to sell U.S. dollars on the spot market as the peso dropped to a record low of 14.75 pesos against the greenback. The peso has been hurt in recent months with demand for Mexican products weakened as its largest trading partner, the U.S., suffers in recession.
The U.S. purchases more than 80% of Mexico's products.
The peso dropped to the low level in "a matter of ten minutes," said Win Thin, senior currency strategist at Brown Brothers Harriman.
"No central bank likes to see that kind of move in their currency," he said, noting that the pesos bounced back to the 14.40 level after intervention.
"They know that the market is very negative on emerging markets. There's nothing they can do about it. But they are trying to smooth the move and it adds a two-way pricing...and restores a little order."
Among equities, Mexico's IPC index fell 0.1% to 19,603.92. Banking stocks were mixed, with Banorte (MX:GFNORTEO: news , chart , profile ) down 0.6% while Inbursa gained 1%.
Brazil's Bovespa rose 1% to 40,129.04, aided by advances in steel stocks after the government raised its infrastructure projects spending plan, known as PAC, by 142.1 billion reals ($61.3 billion) to 646 billion reals.
The program runs through 2010. It was originally unveiled in 2007 and is aimed at fixing and building roads, bridges, electricity dams and other items.
President Luiz Inacio Lula da Silva on Tuesday said he expected the economy to retract in the first quarter amid "rough" conditions.
Carla Mozee is a reporter for MarketWatch, based in Los Angeles.
Imark
Forumer storico
Robusto taglio ai tassi da parte della BC messicana.
UPDATE 3-Mexico central bank slashes interest rates by 75 bps
Fri Mar 20, 2009 12:02pm EDT
* Mexico cenbank cuts benchmark interest rate 75 bps * Cut aimed at boosting Mexico's flagging economic growth * Central bank's Ortiz sees slump bottoming in 2nd-half 2009 (Adds quote, cenbank inflation comment, context, byline)
By Jason Lange and Michael O'Boyle
MEXICO CITY, March 20 (Reuters) - Mexico's central bank surprised the markets and slashed its key interest rate by 75 basis points to 6.75 percent on Friday to jumpstart the country's shrinking economy, which has been broadsided by the U.S. recession.
The cut was much bigger than expected as most economists polled by Reuters had predicted the bank would cut the overnight rate by 25 basis points.
Mexico's export volume has tumbled as U.S. consumers buy fewer cars, televisions and other products made in Mexican factories. This has led to hundreds of thousands of workers being laid off.
The bank hopes lower borrowing costs will stanch some of that pain.
"The balance of risks has deteriorated substantially more for economic growth than for inflation," the central bank said in its monthly monetary policy statement.
The bank said the Mexican economy would shrink during the first quarter on a similar scale to the 1.6 percent contraction seen during the fourth quarter of last year.
It also warned that turbulence in financial markets poses ongoing risks to Mexico meeting the bank's inflation targets.
Economists have taken the bank's discomfort over reeling financial markets as an indication it is worried about a sharp decline in the value of the peso currency.
Mexico's peso MEX01 <MXN=> has lost around 30 percent of its value against the dollar since last August amid growing pessimism that the U.S. downturn is driving Mexico into its deepest recession since 1995.
Speaking earlier in the day, Central Bank Gov. Guillermo Ortiz said Mexico's economy will continue to weaken during the first half of this year.
Asked in a television interview when it would hit bottom, Ortiz said he expected that "in the second half of the year."
Finance Minister Agustin Carstens said in a separate interview with Mexico's Televisa network that he would like to see the battered peso back below 14 per dollar.
"Below 14 would be an acceptable level," Carstens said.
Ortiz and Carstens were both speaking at an annual banking convention in the Pacific beach resort of Acapulco.
Mexico's Deputy Finance Minister Alejandro Werner said on Thursday that Mexican economy could shrink as much as 1.9 percent in 2009 -- a gloomier outlook than previous government predictions of a contraction of up to 1 percent.
UPDATE 3-Mexico central bank slashes interest rates by 75 bps
Fri Mar 20, 2009 12:02pm EDT
* Mexico cenbank cuts benchmark interest rate 75 bps * Cut aimed at boosting Mexico's flagging economic growth * Central bank's Ortiz sees slump bottoming in 2nd-half 2009 (Adds quote, cenbank inflation comment, context, byline)
By Jason Lange and Michael O'Boyle
MEXICO CITY, March 20 (Reuters) - Mexico's central bank surprised the markets and slashed its key interest rate by 75 basis points to 6.75 percent on Friday to jumpstart the country's shrinking economy, which has been broadsided by the U.S. recession.
The cut was much bigger than expected as most economists polled by Reuters had predicted the bank would cut the overnight rate by 25 basis points.
Mexico's export volume has tumbled as U.S. consumers buy fewer cars, televisions and other products made in Mexican factories. This has led to hundreds of thousands of workers being laid off.
The bank hopes lower borrowing costs will stanch some of that pain.
"The balance of risks has deteriorated substantially more for economic growth than for inflation," the central bank said in its monthly monetary policy statement.
The bank said the Mexican economy would shrink during the first quarter on a similar scale to the 1.6 percent contraction seen during the fourth quarter of last year.
It also warned that turbulence in financial markets poses ongoing risks to Mexico meeting the bank's inflation targets.
Economists have taken the bank's discomfort over reeling financial markets as an indication it is worried about a sharp decline in the value of the peso currency.
Mexico's peso MEX01 <MXN=> has lost around 30 percent of its value against the dollar since last August amid growing pessimism that the U.S. downturn is driving Mexico into its deepest recession since 1995.
Speaking earlier in the day, Central Bank Gov. Guillermo Ortiz said Mexico's economy will continue to weaken during the first half of this year.
Asked in a television interview when it would hit bottom, Ortiz said he expected that "in the second half of the year."
Finance Minister Agustin Carstens said in a separate interview with Mexico's Televisa network that he would like to see the battered peso back below 14 per dollar.
"Below 14 would be an acceptable level," Carstens said.
Ortiz and Carstens were both speaking at an annual banking convention in the Pacific beach resort of Acapulco.
Mexico's Deputy Finance Minister Alejandro Werner said on Thursday that Mexican economy could shrink as much as 1.9 percent in 2009 -- a gloomier outlook than previous government predictions of a contraction of up to 1 percent.
Gaudente
Forumer storico
Linea di credito dal FMI
http://www.bloomberg.com/apps/news?pid=20601087&sid=amOE4is.Ogp8&refer=home
Il Messico e' pronto a ricevere una linea di credito tra i 30 ed i 40 miliardi di $ dal Fondo Monetario Internazionale.
Almeno cosi' dice il presidente Calderon.
Speriamo che il FMI confermi
http://www.bloomberg.com/apps/news?pid=20601087&sid=amOE4is.Ogp8&refer=home
Il Messico e' pronto a ricevere una linea di credito tra i 30 ed i 40 miliardi di $ dal Fondo Monetario Internazionale.
Almeno cosi' dice il presidente Calderon.
Speriamo che il FMI confermi
TheLondoner
Forumer storico
http://www.bloomberg.com/apps/news?pid=20601087&sid=amOE4is.Ogp8&refer=home
Il Messico e' pronto a ricevere una linea di credito tra i 30 ed i 40 miliardi di $ dal Fondo Monetario Internazionale.
Almeno cosi' dice il presidente Calderon.
Speriamo che il FMI confermi
Mi sembra di capire che il problema del Messico sia in questo momento la dipendenza dall'export verso gli USA ... in forte calo e poi :
- minori entrate dalla cash cow petrolifera
- minori rimesse dagli emigrati in Usa
- criminalità in escalation
- investimenti scoraggiati da quest'ultima
Hanno però buone riserve di valuta - basso debito estero e pieno supporto degli USA e del FMI.
Personalmente ne sono uscito dai bond MX ritenendo le quotazioni arrivate ad un punto di massimo per l'attuale periodo.
TheLondoner
Forumer storico
Disclaimer: dal Messico ne uscii...i bond da allora hanno continuato la salita...chi si contenta gode...
Oggi molte vendite... ma a prezzi elevati .....quindi in gain credo...
News di oggi
Oggi molte vendite... ma a prezzi elevati .....quindi in gain credo...
News di oggi